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AMERICAN REALTY CAPITAL HEALTHCARE TRUST II, INC. FILES (8-K) Disclosing Other Events

July 24, 2014



Item 8.01. Other Events

On July 23, 2014, in light of the approximately $1.6 billion raised as of July 22, 2014 in American Realty Capital Healthcare Trust II, Inc.'s (the "Company") $1.7 billion primary initial public offering, the Company announced the reallocation of 13.9 million of its approximately 14.2 million remaining unsold shares from its $350.0 million distribution reinvestment plan ("DRIP") to its primary offering, effective immediately.

As the Company has previously communicated and, in line with its best practices, the Company plans to close its initial public offering as originally sized (including reallocated DRIP shares) and plans not to raise additional capital through a follow-on offering.


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Source: Edgar Glimpses


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